Masirah Oil Limited, the 86.37%-owned subsidiary of technology-driven oil company Rex International, has awarded a drilling rig contract to Shelf Drilling in Oman.

The contract is said to utilise the Tenacious jackup rig to drill two development wells and one exploration well in Block 50 Oman.


See also: Rex International swings back into the black in 2Q on one-off gain


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